2021 holiday sales projected to hit new records
Sales are projected to grow as much as 10.5%
Spanx founder gifts employees 2 1st-class plane tickets, $10,000 following Blackstone deal
Spanx founder, Sara Blakely, gifted all of her employees two first-class tickets to anywhere in the world and $10,000 each following a major deal with Blackstone.
Housing supply can't keep up with demand, says NAHB CEO, but solution to ‘looming crisis’ must be found soon
Homebuilders are unable to keep up with the demand for new homes as labor and supply shortages continue. Here are the options available if you want to avoid today's competitive housing market.
Arkansas restaurant pays student employees to do homework during shift
A restaurant group in Arkansas is allowing student employees to do homework for an hour while on the clock, an initiative that is raising grades and also recruiting more employees amid the country’s labor shortage.
Amazon hiring 150K seasonal workers in US amid holiday hiring surge
Amazon's seasonal hires can get sign-on bonuses of up to $3,000.
Boeing mandates COVID-19 vaccine for employees
The Boeing Co. has told employees they must be vaccinated against COVID-19 or possibly be fired.
Companies hard-pressed for holiday staff despite millions of job openings
Companies that typically hire thousands of seasonal workers are heading into the holidays during one of the tightest job markets in decades, making it unlikely they’ll find all the workers they need.
Americans quit jobs at highest rate on record in August, Labor Department says
One reason America’s employers are having trouble filling jobs was starkly illustrated in a report Tuesday: Americans are quitting in droves.
Baby food sold at Walmart recalled due to high levels of arsenic
Walmart pulled some baby food off its shelves after federal health officials discovered high levels of arsenic during testing.
Survey: 69% of hiring managers want to see COVID-19 vaccination status on resumes
Among the hiring managers surveyed, about a third said they would automatically eliminate resumes that did not disclose the candidate’s vaccine status.
Southwest cancels more than a thousand flights, cites air-traffic control issues
Southwest Airlines canceled more than 1,000 flights this weekend amid air traffic control issues and weather, and the airline has not given an update as to whether the cancellations may continue.
Toymakers rush to stock shelves before holidays amid supply chain delays
Toy companies are racing to get their toys onto store shelves ahead of the holidays as they face a severe supply-network crunch.
Biden administration announces student loan forgiveness program overhaul, will impact over 500K borrowers
The Biden administration announced its plans to overhaul the Public Service Loan Forgiveness program, impacting half a million borrowers.
Facebook blames global outage on error during routine maintenance
The global outage knocked Facebook and its other platforms offline for hours.
Wells Fargo study shows most Americans not ready for natural disasters: How you can prepare
Americans are not prepared physically or financially for natural disasters, according to a new study from Wells Fargo. Here's how you can prepare.
HIPAA does not apply to revealing COVID-19 vaccine status at work, HHS says
The HHS and OCR released guidance on Thursday which further clarified and confirmed that the Health Insurance Portability and Accountability Act of 1996 (HIPAA) Privacy Rule does not apply to employers or employment records.
Some USPS deliveries will soon take longer, cost more
USPS will also institute price increases on some packages during the holiday season.
Labor shortage impacting daycare centers
Labor shortages have impacted several sectors of the economy.
Biden administration extends $1B of additional student loan debt forgiveness
The Department of Education has issued another round of student debt forgiveness as part of the closed school discharge program. See if you qualify for a loan discharge, and learn about your alternative loan repayment programs.
Dollar store chains are leading retail store openings in US: report
Three of the country’s leading dollar store retail chains – Dollar General, Dollar Tree and Family Dollar – are opening up more stores than most big-box retailers in 2021, according to data from Coresight Research.